library(readxl)
library(dplyr)
library(tidyr)
library(stringr)

library(tidyverse)
library(DT)
library(patchwork)
library(ggthemes)
library(plotly)
library(gapminder)
library(grid)
library(ggplot2)
library(gridExtra)

library(maps)
library(usmap)

# install.packages("DescTools")
# install.packages("car")
# install.packages("rpart")
# install.packages("rpart.plot")

library(DescTools)
library(car)
library(rpart)
library(rpart.plot)

1 Title

Exploring the Impact of COVID-19 on State-Level Economic Indicators and housing price in the U.S

1.1 Introduction

This project is to explore how the COVID-19 pandemic affected economic conditions, focusing on housing price across U.S. states. Although the final goal is to analyze which factors contributed to post-COVID changes in housing prices, it also contains essential works: collecting, cleaning, visualizing and statistical analysis.

1.2 Data Sources

COVID

Includes two datasets: one providing nationwide annual COVID case totals and another offering state-by-state case counts from 2020 to 2023. These datasets help track the spread and intensity of the pandemic across different regions and time periods, offering important context for analyzing trends.

Source: Centers for Disease Control and Prevention (CDC) (https://covid.cdc.gov/COVID-DATA-TRACKER/#datatracker-home) & USA Facts (https://usafacts.org/visualizations/coronavirus-covid-19-spread-map/)

File name: cases_deaths.csv & covid_confirmed_usafacts.csv

Zillow Home Value Index (ZHVI)

A measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range. Available as a smoothed, seasonally adjusted measure and as a raw measure.

Source: Zillow Research (https://www.zillow.com/research/data/)

File name: State_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv

State unemployment rates over the last 10 years, seasonally adjusted

This dataset shows monthly unemployment rates by U.S. state. It is part of the Local Area Unemployment Statistics (LAUS) program by the Bureau of Labor Statistics (BLS). The data is seasonally adjusted and helps track labor market trends at the state level over time.

Source :U.S. Bureau of Labor Statistics (https://www.bls.gov/charts/state-employment-and-unemployment/state-unemployment-rates-animated.htm)

File name: unemployment rate.xlxs

Personal Consumption Expenditures (PCE)

Reports annual state-level PCE data, measuring average household spending across different regions.

Source: Bureau of Economic Analysis (BEA) (https://apps.bea.gov/regional/downloadzip.htm)

File name: SAPCE1__ALL_AREAS_1997_2023.csv

Annual Personal Income

Includes annual personal income per capita by state. Useful for assessing economic status and regional income disparities. Source: Bureau of Economic Analysis (BEA) File name: SAINC1__ALL_AREAS_1929_2024.csv → INCOME.csv

Gross Domestic Product (GDP)

Provides real GDP data by state from 1997 to 2024. This helps analyze economic output and growth across regions.

Source: Bureau of Economic Analysis (BEA)

File name: SAGDP1__ALL_AREAS_1997_2024.csv

State Level population and Household Debt Statistics

Includes per capita credit card debt and total household debt across states. Used to assess consumer financial health.

Sheet	Title
population	Number of Consumers in New York Fed Consumer Credit Panel
auto loan	Auto Debt Balance per Capita
credit card	Credit Card Debt Balance per Capita
mortgage	Mortgage Debt Balance per Capita (excluding HELOC)
student loan	Student Loan Debt Balance per Capita
total	Total Debt Balance per Capita
auto loan delinquency	Percent of Auto Debt Balance 90+ Days Delinquent
credit card delinquency	Percent of Credit Card Debt Balance 90+ Days Delinquent
mortgage delinquency	Percent of Mortgage Debt Balance 90+ Days Delinquent
student loan delinquency	Percent of Student Loan Debt Balance 90+ Days Delinquent (and in default)

Source: New York Fed (https://www.newyorkfed.org/microeconomics/databank.html) File name: area_report_by_year.xlsx → NYFED.csv

2 DATA CLEANING

2.1 COVID Cases US

This code chunk is for cleaning COVID case.

covid <- read_csv("data/cases_deaths.csv")
#View(covid)

covid_US <- covid %>% 
  filter(country == "United States") %>% 
  select(country, date, new_cases, total_cases, weekly_cases) %>%
  mutate(date = as.Date(date)) %>%
  mutate(year = year(date), month = month(date, label = TRUE, abbr = FALSE)) %>%
  group_by(year, month) %>%
  summarise(
    monthly_new_cases = sum(new_cases, na.rm = TRUE),
    latest_total_cases = max(total_cases, na.rm = TRUE),
    total_weekly_cases = sum(weekly_cases, na.rm = TRUE),
    .groups = "drop"
  )

covid_US

## # A tibble: 145 × 5
##     year month     monthly_new_cases latest_total_cases total_weekly_cases
##    <dbl> <ord>                 <dbl>              <dbl>              <dbl>
##  1     1 January              820465          103436829            4160575
##  2     1 February             701457          103436829            4418032
##  3     1 March                531503          103436829            4672369
##  4     1 April                616176          103436829            4930142
##  5     1 May                 1107849          103436829            5419154
##  6     1 June                1378542          103436829            5839205
##  7     1 July                 945231          103436829            6101223
##  8     1 August              1056186          103436829            6336944
##  9     1 September           1122716          103436829            6758203
## 10     1 October              740848          103436829            6967548
## # ℹ 135 more rows

2.2 COVID Cases per State

This chunk is for cleaning COVID case per state

covidbystate <-read_csv("data/covid_confirmed_usafacts.csv")

covidStatesDaily <- covidbystate %>% 
  group_by(State) %>% 
  summarize(across(where(is.numeric), sum, na.rm = TRUE))
#covidStatesDaily

covidstates <- covidStatesDaily %>% 
  pivot_longer(
    cols = -State,
    names_to = "date",
    values_to = "cases"
  ) %>%
  filter(str_detect(date, "^\\d{4}-\\d{2}-\\d{2}$")) %>%
  mutate(
    date = ymd(date),
    year = year(date)
  ) %>%
  group_by(State, year) %>%
  summarise(total_cases = max(cases, na.rm = TRUE), .groups = "drop")

#covidstates

This chunk is to make the states categories

case_summary <- summary(covidstates$total_cases)
#case_summary

covidstates <- covidstates %>% 
  mutate(
    severity = case_when(
      total_cases <= case_summary[1] ~ "Very low",    
      total_cases <= case_summary[2] ~ "Low", 
      total_cases <= case_summary[3] ~ "Medium",    
      total_cases <= case_summary[5] ~ "High", 
      TRUE ~ "Very high"                              
    )
  )
covidstates <- covidstates %>%
  mutate(severity = factor(severity, levels = c("Very low", "Low", "Medium", "High", "Very high")))
covidstates

## # A tibble: 204 × 4
##    State  year total_cases severity
##    <chr> <dbl>       <dbl> <fct>   
##  1 AK     2020       46304 Low     
##  2 AK     2021      149907 Low     
##  3 AK     2022      277884 Low     
##  4 AK     2023      287319 Low     
##  5 AL     2020      361226 Medium  
##  6 AL     2021      896614 High    
##  7 AL     2022     1568934 High    
##  8 AL     2023     1659936 High    
##  9 AR     2020      225138 Low     
## 10 AR     2021      562455 Medium  
## # ℹ 194 more rows

2.3 ZHVI

This chunk is for cleaning housing data

house <- read_csv("data/State_zhvi_uc_sfrcondo_tier_0.33_0.67_sm_sa_month.csv")

house1 <- house %>%
  rename(State = RegionName) %>%
  select(-StateName, -RegionID, -SizeRank, -RegionType)

house_long <- house1 %>%
  pivot_longer(cols = -State, names_to = "Date", values_to = "ZHVI")
#house_long

house_long1 <- house_long %>%
  filter(str_sub(Date, 1, 4) %in% c("2017", "2018", "2019", "2020", "2021", "2022"))

#house_long1

house_long2 <- house_long1 %>%
  mutate(year = as.numeric(str_sub(Date, 1, 4)))

house_avg <- house_long2 %>%
  group_by(State, year) %>%
  summarise(mean_zhvi = mean(ZHVI, na.rm = TRUE), .groups = "drop")

#house_avg

house2 <- house_avg %>%
  pivot_wider(names_from = year, values_from = mean_zhvi)

#house2

This chunk is to calculate the formula

house3 <- house2 %>%
  mutate(
    zhvi_pre_avg = rowMeans(select(., `2017`, `2018`, `2019`), na.rm = TRUE),
    zhvi_post_avg = rowMeans(select(., `2020`, `2021`, `2022`), na.rm = TRUE),
    zhvi_pre_change = ((`2019` - `2017`) / `2017`)*100,
    zhvi_post_change = ((`2022` - `2020`) / `2020`)*100
  ) %>%
  select(State, zhvi_pre_avg, zhvi_post_avg, zhvi_pre_change, zhvi_post_change)

#house3
state_codes <- read.csv("https://raw.githubusercontent.com/jasonong/List-of-US-States/master/states.csv")

house4 <- house3 %>%
  left_join(state_codes, by = c("State" = "State"))

house_final <- house4  %>%
  select(Abbreviation, zhvi_pre_avg, zhvi_post_avg, zhvi_pre_change, zhvi_post_change) %>%
  rename(State = Abbreviation)

house_final

## # A tibble: 51 × 5
##    State zhvi_pre_avg zhvi_post_avg zhvi_pre_change zhvi_post_change
##    <chr>        <dbl>         <dbl>           <dbl>            <dbl>
##  1 AL         148993.       192427.            9.76            28.0 
##  2 AK         292351.       335028.            7.66            12.3 
##  3 AZ         252522.       368418.           15.0             49.4 
##  4 AR         140966.       175352.            7.83            26.1 
##  5 CA         521016.       663241.           12.7             31.3 
##  6 CO         375678.       486205.           12.6             32.8 
##  7 CT         251600.       305414.            3.63            28.0 
##  8 DE         262137.       318745.            5.58            27.9 
##  9 DC         560797.       633072.            8.25             7.84
## 10 FL         228291.       308956.           13.2             45.6 
## # ℹ 41 more rows

# export to file but I will # because we already have sync folder with github
#write.csv(house_final, "data/data-clean/HOUSING.csv", row.names = FALSE)

2.4 Unemployment Rates

This chunk is for cleaning unemployment rate data

unemploy <- read_excel("data/unemployment rate.xlsx", range = "A1:DR53")
names(unemploy)[-1] <- as.character(as.Date(as.numeric(names(unemploy)[-1]), origin = "1899-12-30"))

pre_df <- unemploy %>%
  select(State, `2017-12-01`, `2019-12-01`) %>%
  # Some is chr so we need to numeric
  mutate(across(-State, ~ as.numeric(.))) %>%
  mutate(unemp_pre = `2019-12-01` - `2017-12-01`) %>%
  rename(unemp_19 = `2019-12-01`, unemp_17=`2017-12-01`) %>% 
  select(State, unemp_pre, unemp_17 ,unemp_19)

post_df <- unemploy %>%
  select(State, `2020-12-01`, `2022-12-01`) %>%
  # Some is chr so we need to numeric
  mutate(across(-State, ~ as.numeric(.))) %>%
  mutate(unemp_post = `2022-12-01` - `2020-12-01`) %>%
  rename(unemp_22 = `2022-12-01`, unemp_20 = `2020-12-01`) %>% 
  select(State, unemp_post, unemp_20, unemp_22)

unemploy2 <- pre_df %>%
  inner_join(post_df, by = "State")

unemploy3 <- unemploy2 %>%
  left_join(state_codes, by = c("State" = "State"))

unemploy_final <- unemploy3 %>% 
  select(Abbreviation, unemp_pre,unemp_17, unemp_19, unemp_post,unemp_20, unemp_22) %>% 
  rename(State = Abbreviation)

unemploy_final

## # A tibble: 52 × 7
##    State unemp_pre unemp_17 unemp_19 unemp_post unemp_20 unemp_22
##    <chr>     <dbl>    <dbl>    <dbl>      <dbl>    <dbl>    <dbl>
##  1 AL       -0.9        4        3.1       -2.2      4.5      2.3
##  2 AK       -1.4        6.6      5.2       -3.1      7.1      4  
##  3 AZ       -0.200      4.9      4.7       -2.8      6.5      3.7
##  4 AR       -0.300      3.8      3.5       -2        5        3  
##  5 CA       -0.400      4.5      4.1       -4.6      9        4.4
##  6 CO       -0.100      2.9      2.8       -3.4      6.4      3  
##  7 CT       -0.600      4.3      3.7       -3.9      7.4      3.5
##  8 DE       -0.6        4.2      3.6       -1.6      5.6      4  
##  9 DC       -0.5        5.9      5.4       -3.1      7.8      4.7
## 10 FL       -1          4        3         -3.3      6.2      2.9
## # ℹ 42 more rows

# export to file but I will # because we already have sync folder with github
#write.csv(unemploy_final, "data/data-clean/UNEMPLOY.csv", row.names = FALSE)

2.5 PCE

This chunk is for cleaning Personal consumption expenditures

pce <- read.csv("data/SAPCE1__ALL_AREAS_1997_2023.csv")

pce_df <- pce %>%
  filter(Description == "Personal consumption expenditures ") %>%
  select(GeoName, X2017, X2019, X2020, X2022) %>%
  rename(state = GeoName) %>%
  filter(state != "United States") %>%
  mutate(
    pce_pre = ((X2019 - X2017) / X2017) * 100,
    pce_post = ((X2022 - X2020) / X2020) * 100
  )

pce_final <- pce_df %>%
  left_join(state_codes, by = c("state" = "State")) %>%
  select(Abbreviation, pce_pre, pce_post) %>%
  rename(State = Abbreviation)

head(pce_final)

##   State   pce_pre pce_post
## 1    AL  8.277837 22.66264
## 2    AK  5.572225 23.88433
## 3    AZ 10.681811 27.98044
## 4    AR  6.486729 22.09850
## 5    CA 10.787929 25.65983
## 6    CO 11.319759 27.96054

# export to file but I will # because we already have sync folder with github
#write.csv(pce_final, "data/data-clean/PCE.csv", row.names = FALSE)

2.6 Annual Personal Income

This chunk is for cleaning Annual Personal Income

income <- read.csv("data/SAINC1__ALL_AREAS_1929_2024.csv")

income_df1 <- income %>%
  filter(str_trim(Description) == "Per capita personal income (dollars) 2/") %>%
  select(GeoName, X2017, X2019, X2020, X2022) %>%
  rename(state = GeoName) %>%
  filter(state != "United States") %>%
  mutate(
    income_pre = ((X2019 - X2017) / X2017) * 100,
    income_post = ((X2022 - X2020) / X2020) * 100
  )

income_final <- income_df1 %>%
  left_join(state_codes, by = c("state" = "State")) %>%
  select(Abbreviation, income_pre, income_post) %>%
  rename(State = Abbreviation)

head(income_final)

##   State income_pre income_post
## 1    AL   7.581065   12.688960
## 2    AK   7.086726   11.401225
## 3    AZ  10.317882   13.134632
## 4    AR   5.637273   17.407643
## 5    CA  10.315388    9.528295
## 6    CO  13.109126   18.359079

# export to file but I will # because we already have sync folder with github
#write.csv(income_final, "data/data-clean/INCOME.csv", row.names = FALSE)

2.7 GDP

This chunk is for cleaning GDP

gdp_df <- read.csv("data/SAGDP1__ALL_AREAS_1997_2024.csv")

gdp_real <- gdp_df %>%
  filter(Description == "Real GDP (millions of chained 2017 dollars) 1/")

gdp_df2 <- gdp_real %>%
  select(GeoName, X2017, X2019, X2020, X2022) %>%
  rename(state = GeoName) %>%
  mutate(
    gdp_pre = ((X2019 - X2017) / X2017) * 100,
    gdp_post = ((X2022 - X2020) / X2020) * 100
  ) %>%
  filter(state != "United States")

gdp_final <- gdp_df2 %>%
  left_join(state_codes, by = c("state" = "State")) %>%
  select(Abbreviation, gdp_pre, gdp_post) %>%
  rename(State = Abbreviation)

head(gdp_final)

##   State   gdp_pre   gdp_post
## 1    AL  3.996621  7.3182724
## 2    AK -2.191186  0.8628568
## 3    AZ  7.948898 12.3828137
## 4    AR  2.694002  8.7421859
## 5    CA  8.358128  8.5462064
## 6    CO  9.570425 10.1607412

# export to file but I will # because we already have sync folder with github
#write.csv(gdp_final, "data/data-clean/GDP.csv", row.names = FALSE)

2.8 Population & Debt Statistics

This chunk is to read NYFED data set

file_path <- "data/area_report_by_year.xlsx"

# There are many sheets so we should target it
# But auto has diffefent format so we will seperate it
target_sheets <- c(
"population",
"creditcard",
"mortgage",
"student loan",
"total",
"auto_delinq",
"creditcard_delinq",
"mortgage_delinq",
"studentloan_delinq"
)

# auto has different format so seperated
auto <- read_excel(file_path, sheet = "auto", skip = 4, col_names = TRUE)
#auto
for (sheet_name in target_sheets) {
  
  df_name <- gsub(" ", "_", sheet_name)
  
  # The real data start from 9 row in the xlxs file. 
  df <- read_excel(file_path, sheet = sheet_name, skip = 8, col_names = TRUE)
  
  assign(df_name, df)
  #print(df_name)
}

# After load the file, it's nice to check but I will make it # to make the document short.
#population
#auto
#creditcard
#mortgage
#student_loan
#total
#auto_delinq
#creditcard_delinq
#mortgage_delinq
#studentloan_delinq

This chunk is for cleaning population

#population
population_clean <- population %>%
  filter(!is.na(state)) %>%
  mutate(
    population_pre = ((Q4_2019 - Q4_2017) / Q4_2017) * 100,
    population_post = ((Q4_2022 - Q4_2020) / Q4_2020) * 100
  ) %>%
  select(state, population_pre, population_post)

# population_clean

This chunk is for cleaning credit card dept

creditcard_clean <- creditcard %>%
  filter(!is.na(state)) %>%
  mutate(
    creditcard_pre = ((Q4_2019 - Q4_2017) / Q4_2017) * 100,
    creditcard_post = ((Q4_2022 - Q4_2020) / Q4_2020) * 100
  ) %>%
  select(state, creditcard_pre, creditcard_post)

# creditcard_clean

This chunk is for cleaning auto dept

auto_clean <- auto %>%
  filter(!is.na(state)) %>%
  mutate(
    auto_pre = ((Q4_2019 - Q4_2017) / Q4_2017) * 100,
    auto_post = ((Q4_2022 - Q4_2020) / Q4_2020) * 100
  ) %>%
  select(state, auto_pre, auto_post)

# auto_clean

This chunk is for cleaning mortgage

mortgage_clean <- mortgage %>%
  filter(!is.na(state)) %>%
  mutate(
    mortgage_pre = ((Q4_2019 - Q4_2017) / Q4_2017) * 100,
    mortgage_post = ((Q4_2022 - Q4_2020) / Q4_2020) * 100
  ) %>%
  select(state, mortgage_pre, mortgage_post)

# mortgage_clean

This chunk is for cleaning student loan

studentloan_clean <- student_loan %>%
  filter(!is.na(state)) %>%
  mutate(
    studentloan_pre = ((Q4_2019 - Q4_2017) / Q4_2017) * 100,
    studentloan_post = ((Q4_2022 - Q4_2020) / Q4_2020) * 100
  ) %>%
  select(state, studentloan_pre, studentloan_post)

# studentloan_clean

This chunk is for cleaning total dept

total_clean <- total %>%
  filter(!is.na(state)) %>%
  mutate(
    total_pre = ((Q4_2019 - Q4_2017) / Q4_2017) * 100,
    total_post = ((Q4_2022 - Q4_2020) / Q4_2020) * 100
  ) %>%
  select(state, total_pre, total_post)

# total_clean

This chunk is for cleaning creditcard delinq

creditcard_delinq_clean <- creditcard_delinq %>%
  filter(!is.na(state)) %>%
  select(state, Q4_2019, Q4_2022) %>%
  rename(
    creditcard_delinq_pre = Q4_2019,
    creditcard_delinq_post = Q4_2022
  )

# creditcard_delinq_clean

This chunk is for cleaning auto delinq

auto_delinq_clean <- auto_delinq %>%
  filter(!is.na(state)) %>%
  select(state, Q4_2019, Q4_2022) %>%
  rename(
    auto_delinq_pre = Q4_2019,
    auto_delinq_post = Q4_2022
  )

# auto_delinq_clean

This chunk is for cleaning mortgage delinq

mortgage_delinq_clean <- mortgage_delinq %>%
  filter(!is.na(state)) %>%
  select(state, Q4_2019, Q4_2022) %>%
  rename(
    mortgage_delinq_pre = Q4_2019,
    mortgage_delinq_post = Q4_2022
  )

# mortgage_delinq_clean

This chunk is for cleaning studentloan delinq

studentloan_delinq_clean <- studentloan_delinq %>%
  filter(!is.na(state)) %>%
  select(state, Q4_2019, Q4_2022) %>%
  rename(
    studentloan_delinq_pre = Q4_2019,
    studentloan_delinq_post = Q4_2022
  )

# studentloan_delinq_clean

This chunk is to join every data from NEFED

NYFED_df <- population_clean %>%
  left_join(creditcard_clean, by = "state") %>%
  left_join(auto_clean, by = "state") %>%
  left_join(mortgage_clean, by = "state") %>%
  left_join(studentloan_clean, by = "state") %>%
  left_join(total_clean, by = "state") %>%
  left_join(creditcard_delinq_clean, by = "state") %>%
  left_join(auto_delinq_clean, by = "state") %>%
  left_join(mortgage_delinq_clean, by = "state") %>%
  left_join(studentloan_delinq_clean, by = "state")

head(NYFED_df)

## # A tibble: 6 × 21
##   state population_pre population_post creditcard_pre creditcard_post auto_pre
##   <chr>          <dbl>           <dbl>          <dbl>           <dbl>    <dbl>
## 1 AK            -0.444           -1.15           3.98            13.6   -0.998
## 2 AL             1.58             1.22           7.59            15.5    7.74 
## 3 AR             1.53             2.31          10               16.1    5.34 
## 4 AZ             4.47             4.48          10.2             16.5    9.41 
## 5 CA             1.57             1.87          11.4             19.8    7.53 
## 6 CO             3.31             3.61           8.22            17.6    4.75 
## # ℹ 15 more variables: auto_post <dbl>, mortgage_pre <dbl>,
## #   mortgage_post <dbl>, studentloan_pre <dbl>, studentloan_post <dbl>,
## #   total_pre <dbl>, total_post <dbl>, creditcard_delinq_pre <dbl>,
## #   creditcard_delinq_post <dbl>, auto_delinq_pre <dbl>,
## #   auto_delinq_post <dbl>, mortgage_delinq_pre <dbl>,
## #   mortgage_delinq_post <dbl>, studentloan_delinq_pre <dbl>,
## #   studentloan_delinq_post <dbl>

# Export final result if needed
#write.csv(NYFED_df, "data/data-clean/NYFED.csv", row.names = FALSE)

2.9 Final Data Join

This chunk is to join every data

clean_gdp <- read_csv("data/data-clean/GDP.csv")
clean_income <- read_csv("data/data-clean/INCOME.csv")
clean_nyfed <- read_csv("data/data-clean/NYFED.csv")
clean_pce <- read_csv("data/data-clean/PCE.csv")
clean_unemploy <- read_csv("data/data-clean/UNEMPLOY.csv")
clean_housing<- read_csv("data/data-clean/HOUSING.csv")

#clean_gdp 
#clean_income
#clean_nyfed 
#clean_pce 
#clean_unemploy 

clean_nyfed  <- clean_nyfed  %>%
  rename(State = state)

# Find common states
common_states <- Reduce(intersect, list(
  clean_gdp$State,
  clean_income$State,
  clean_pce$State,
  clean_nyfed$State,
  clean_unemploy$State,
  clean_housing$State
))

# Apply only common state
clean_gdp <- clean_gdp %>% filter(State %in% common_states)
clean_income <- clean_income %>% filter(State %in% common_states)
clean_pce <- clean_pce %>% filter(State %in% common_states)
clean_nyfed <- clean_nyfed %>% filter(State %in% common_states)
clean_unemploy <- clean_unemploy %>% filter(State %in% common_states)
clean_housing <- clean_housing %>% filter(State %in% common_states)

# Merge to one data set
merged_df <- clean_housing %>%
  left_join(clean_gdp, by = "State") %>%
  left_join(clean_income, by = "State") %>%
  left_join(clean_pce, by = "State") %>%
  left_join(clean_nyfed, by = "State") %>%
  left_join(clean_unemploy, by = "State")

merged_df

## # A tibble: 51 × 37
##    State zhvi_pre_avg zhvi_post_avg zhvi_pre_change zhvi_post_change gdp_pre
##    <chr>        <dbl>         <dbl>           <dbl>            <dbl>   <dbl>
##  1 AL         148993.       192427.            9.76            28.0    4.00 
##  2 AK         292351.       335028.            7.66            12.3   -2.19 
##  3 AZ         252522.       368418.           15.0             49.4    7.95 
##  4 AR         140966.       175352.            7.83            26.1    2.69 
##  5 CA         521016.       663241.           12.7             31.3    8.36 
##  6 CO         375678.       486205.           12.6             32.8    9.57 
##  7 CT         251600.       305414.            3.63            28.0    0.493
##  8 DE         262137.       318745.            5.58            27.9    7.29 
##  9 DC         560797.       633072.            8.25             7.84   3.43 
## 10 FL         228291.       308956.           13.2             45.6    6.90 
## # ℹ 41 more rows
## # ℹ 31 more variables: gdp_post <dbl>, income_pre <dbl>, income_post <dbl>,
## #   pce_pre <dbl>, pce_post <dbl>, population_pre <dbl>, population_post <dbl>,
## #   creditcard_pre <dbl>, creditcard_post <dbl>, auto_pre <dbl>,
## #   auto_post <dbl>, mortgage_pre <dbl>, mortgage_post <dbl>,
## #   studentloan_pre <dbl>, studentloan_post <dbl>, total_pre <dbl>,
## #   total_post <dbl>, creditcard_delinq_pre <dbl>, …

# export to file but I will # because we already have sync folder with github
# write.csv(merged_df, "data/data-clean/FINAL.csv", row.names = FALSE)

3 COVID Mapping Visualization (EDA)

This chunk is to read final version data set

df<- read_csv("data/data-clean/FINAL.csv")

#df

3.1 COVID distribution

3.1.1 Severity

#ggplot(covidstates, aes(x = severity, fill = severity)) +
#  geom_bar() +
#  labs(title = "Number of States by COVID Severity Level",
#       x = "Severity Level", y = "Number of States") +
#  scale_fill_manual(values = c("Very low" = "lightgreen", "Low" = "yellow", "Medium" = "orange", "High" = #"red", "Very high" = "brown")) +
#  theme_minimal()

ggplot(covidstates, aes(x = severity, y = total_cases, fill = severity)) +
  geom_boxplot() +
  labs(title = "Distribution of Total Cases by Severity Level",
       x = "Severity", y = "Total Cases") +
  scale_fill_manual(values = c("Very low" = "lightgreen", "Low" = "yellow", "Medium" = "orange", "High" = "red", "Very high" = "brown")) + theme_minimal()

3.1.2 By year (2020-2023)

covidstates %>%
  ggplot(aes(x = year, fill = severity)) +
  geom_bar(position = "fill") +
  labs(title = "Distribution of COVID Severity by Year",
       y = "Proportion of States", x = "Year") +
  scale_fill_manual(values = c("Very low" = "lightgreen", "Low" = "yellow", "Medium" = "orange", "High" = "red", "Very high" = "brown")) +
  theme_minimal()

3.2 6 States

covidstates %>%
  filter(State %in% c("CA", "TX", "NY", "IL", "AZ", "FL")) %>%
  ggplot(aes(x = year, y = total_cases, color = State)) +
  geom_line(size = 1.2) +
  labs(title = "COVID Cases Over Time",
       x = "Year", y = "Total Cases") +
  theme_minimal()

3.3 COVID US Map

state_abbreviations <- data.frame(
  abbreviation = state.abb, 
  full_name = state.name  
)


covidstatesFULLNAME <- covidstates %>%
  left_join(state_abbreviations, by = c("State" = "abbreviation")) %>%
  mutate(State = tolower(full_name))%>%
  select(-full_name)

# map visualization code
us_states <- map_data("state")
us_states$region <- tolower(us_states$region) 

# Merge the map data with the COVID data
covid_map_data <- us_states %>%
  left_join(covidstatesFULLNAME, by = c("region" = "State")) %>%
  filter(!is.na(severity))


ggplot(covid_map_data, aes(x = long, y = lat, group = group, fill = severity)) +
  geom_polygon(color = "black") +
  coord_fixed(1.1) +
  labs(title = "COVID Case Severity by State",
       fill = "Severity") +
  scale_fill_manual(values = c("Very low" = "lightgreen", "Low" = "yellow", "Medium" = "orange", "High" = "red", "Very high"= "brown")) +
  theme_void() +
  theme(axis.text.x = element_text(angle = 45, hjust = 1))

# covidstatesFULLNAME
# covidstates

4 Visuals of Economic Indicators (EDA)

4.1 Population

4.1.1 Formula

Variable Name	Formula	Description
population_pre	((Population_2019 - Population_2017) / Population_2017) × 100	Population growth rate (Pre-COVID)
population_post	((Population_2022 - Population_2020) / Population_2020) × 100	Population growth rate (Post-COVID)

4.1.2 Pre (2017–2019)

merged_dfLC <- merged_df %>%
  rename(state = State)

## PRE covid populations
plot_usmap(data = merged_dfLC, values = "population_pre", regions = "state") +
  scale_fill_continuous(
    name = "Population",
    low = "lightgreen", high = "darkgreen", label = scales::comma
  ) +
  labs(title = "Pre-COVID Population (2017–2019)") +
  theme(legend.position = "right")

4.1.3 Post (2020–2022)

## POST covid populations
plot_usmap(data = merged_dfLC, values = "population_post", regions = "state") +
  scale_fill_continuous(
    name = "Population",
    low = "lightblue", high = "darkblue", label = scales::comma
  ) +
  labs(title = "Post-COVID Population (2020–2022)") +
  theme(legend.position = "right")

4.1.4 Comparison

###  pre and post side by side
population_long <- merged_dfLC %>%
  select(state, population_pre, population_post) %>%
  pivot_longer(
    cols = c(population_pre, population_post),
    names_to = "period",
    values_to = "population"
  ) %>%
  mutate(
    period = dplyr::recode(period,
                    "population_pre" = "Pre-COVID (2017–2019)",
                    "population_post" = "Post-COVID (2020–2022)"),
    period = factor(period, levels = c("Pre-COVID (2017–2019)", "Post-COVID (2020–2022)"))
  )

plot_usmap(data = population_long, values = "population", regions = "state") +
  facet_wrap(~ period) +
  scale_fill_continuous(
    name = "Population",
    low = "lightgreen", high = "darkgreen", label = scales::comma
  ) +
  labs(title = "Population: Pre vs. Post COVID") +
  theme(legend.position = "right")

4.2 GDP

4.2.1 Formula

Variable Name	Formula	Description
gdp_pre	((GDP_2019 - GDP_2017) / GDP_2017) × 100	GDP growth rate (Pre-COVID)
gdp_post	((GDP_2022 - GDP_2020) / GDP_2020) × 100	GDP growth rate (Post-COVID)

4.2.2 Visual

This graph compares how much GDP changed in each U.S. state before and after COVID-19.

The red bars show GDP growth after COVID (from 2020 to 2022).
The blue bars show GDP growth before COVID (from 2017 to 2019).

We can see that most states had higher growth after COVID (red bars are taller). For example, Florida (FL) had very strong growth after COVID, while North Dakota (ND) had negative growth.

# compare GDP
df %>% 
  select(State, gdp_pre, gdp_post) %>% 
  ggplot()+
  geom_bar(mapping = aes(x=reorder(State, -gdp_post), y=gdp_pre
                         , fill = "GDP pre = ((X2019 - X2017) / X2017) * 100")
           , stat = "identity"
           , position = position_nudge(x = -0.3)
           , width = 0.4)+
  geom_bar(mapping = aes(x=reorder(State, -gdp_post), y=gdp_post, fill ="GDP post = ((X2022 - X2020) / X2020) * 100")
           , stat = "identity"
           , position = position_nudge(x = 0.3)
           , width = 0.4)+
  labs(title = "Real GDP Growth: Pre vs Post COVID", y = "GDP Change (%)", x = "")+
  theme(axis.text.x = element_text(angle = 90, hjust = 1), legend.position = "bottom")

4.3 Income

4.3.1 Formula

Variable Name	Formula	Description
income_pre	((Income_2019 - Income_2017) / Income_2017) × 100	Personal income growth (Pre-COVID)
income_post	((Income_2022 - Income_2020) / Income_2020) × 100	Personal income growth (Post-COVID)

4.3.2 Visual

This graph compares how much people’s income changed in each U.S. state before and after COVID-19.

The red bars show income growth after COVID (from 2020 to 2022).
The blue bars show income growth before COVID (from 2017 to 2019).

This chart shows that in many states, income grew more after COVID than before. Colorado (CO) and New Mexico (NM) had high income growth after COVID. In contrast, California (CA) and New York (NY) had smaller increases. After COVID they are hired again, that can be one of reason.

df %>%
  select(State, income_pre, income_post) %>%
  ggplot() +
  geom_bar(mapping = aes(x = reorder(State, -income_post)
                         , y = income_pre
                         , fill = "Income pre = ((X2019 - X2017) / X2017) * 100")
           , stat = "identity"
           , position = position_nudge(x = -0.3)
           , width = 0.4) +
  geom_bar(mapping = aes(x = reorder(State, -income_post)
                         , y = income_post
                         , fill = "Income post = ((X2022 - X2020) / X2020) * 100")
           ,stat = "identity"
           , position = position_nudge(x = 0.3)
           , width = 0.4) +
  labs(title = "Personal Income Growth: Pre vs Post COVID", y = "Income Change (%)", x = "") +
  theme(axis.text.x = element_text(angle = 90, hjust = 1), legend.position = "bottom")

4.4 PCE

4.4.1 Formula

Variable Name	Formula	Description
pce_pre	((PCE_2019 - PCE_2017) / PCE_2017) × 100	PCE growth rate (Pre-COVID)
pce_post	((PCE_2022 - PCE_2020) / PCE_2020) × 100	PCE growth rate (Post-COVID)

4.4.2 Visual

This graph shows how much people spent money in each U.S. state before and after COVID-19.

The red bars show spending growth after COVID (2020–2022).
The blue bars show spending growth before COVID (2017–2019).

When we compare the overall pattern, the difference between pre and post COVID is not very big in most states. People may have continued spending money on basic needs even during hard times.

df %>%
  select(State, pce_pre, pce_post) %>%
  ggplot() +
  geom_bar(mapping = aes(x = reorder(State, -pce_post)
                         , y = pce_pre
                         , fill = "PCE pre = ((X2019 - X2017) / X2017) * 100")
           , stat = "identity"
           , position = position_nudge(x = -0.3)
           , width = 0.4) +
  geom_bar(mapping = aes(x = reorder(State, -pce_post)
                         , y = pce_post
                         , fill = "PCE post = ((X2022 - X2020) / X2020) * 100")
           , stat = "identity"
           , position = position_nudge(x = 0.3)
           , width = 0.4) +
  labs(title = "Personal Consumption Expenditures Growth: Pre vs Post COVID",
       y = "PCE Change (%)", x = "") +
  theme(axis.text.x = element_text(angle = 90, hjust = 1), legend.position = "bottom")

4.5 Unemployment Rate

4.5.1 Formula

Variable Name	Formula	Description
unemp_pre	Unemp_2019 - Unemp_2017	Change in unemployment rate (Pre-COVID)
unemp_post	Unemp_2022 - Unemp_2020	Change in unemployment rate (Post-COVID)

4.5.2 Visual

This graph shows how the unemployment rate changed in each U.S. state before and after COVID-19.

The blue bars show the change from 2017 to 2019.
The red bars show the change from 2020 to 2022.

Most red bars are below zero(negative), which means unemployment went down after COVID.This is a good, more people were able to find jobs by 2022.

df %>%
  select(State, unemp_pre, unemp_post) %>%
  ggplot() +
  geom_bar(aes(x = reorder(State, -unemp_post)
               , y = unemp_pre, 
               fill = "Unemp pre = 2019 - 2017")
           , stat = "identity"
           , position = position_nudge(x = -0.3)
           , width = 0.4) +
  geom_bar(aes(x = reorder(State, -unemp_post)
               , y = unemp_post
               , fill = "Unemp post = (2022 - 2020)")
           , stat = "identity"
           , position = position_nudge(x = 0.3)
           , width = 0.4) +
  labs(title = "Unemployment Rate Change: 2017–2019 vs 2020–2022", y = "Change in Unemployment Rate", x = "") +
  theme(axis.text.x = element_text(angle = 90, hjust = 1),legend.position = "bottom")

This line graph shows the unemployment rate in each U.S. state from 2017 to 2022.

In 2020, unemployment suddenly went up in almost all states. This happened because of the COVID-19 pandemic. After 2020, the lines go down again. This means that the economy started to recover and people found jobs again.

df_emp <- df %>%
  select(State, unemp_17, unemp_19, unemp_20, unemp_22)

#df_emp

df_long <- df_emp %>% 
  pivot_longer(cols = starts_with("unemp_"), names_to = "Year", values_to = "Unemployment") %>%
  mutate(Year = dplyr::recode(Year,
                       "unemp_17" = "2017",
                       "unemp_19" = "2019",
                       "unemp_20" = "2020",
                       "unemp_22" = "2022"))

#df_long 

ggplot(df_long, aes(x = Year, y = Unemployment, group = State, color = State)) +
  geom_line(size = 1) +
  labs(title = "Unemployment Rate by State", y = "Unemployment Rate (%)", x = "Year") +
  theme(legend.position = "none")

5 Debt & Delinquency Visuals

Interestingly, while credit card and car-related debt increased, other types of debt like student loans and mortgages actually went down.

This suggests that government programs or debt relief policies may have helped reduce those types of loans. But personal spending and borrowing still increased for many individuals.

5.1 Credit Card

5.1.1 Fomula

Variable Name	Formula	Description
creditcard_pre	((Q4_2019 - Q4_2017) / Q4_2017) × 100	Credit card debt growth rate (Pre-COVID)
creditcard_post	((Q4_2022 - Q4_2020) / Q4_2020) × 100	Credit card debt growth rate (Post-COVID)
creditcard_delinq_pre	Q4_2019	Credit card delinquency rate (Pre-COVID)
creditcard_delinq_post	Q4_2022	Credit card delinquency rate (Post-COVID)

5.1.2 Visual 1

This chart shows how credit card debt changed before and after COVID-19 in each U.S. state.

The red bars show the growth in credit card debt before COVID.
The blue bars show the growth after COVID.

In almost state, credit card debt grew more after COVID than before. This means many people used credit cards more

credit_df <- df %>% 
  select(State, creditcard_pre, creditcard_post) %>% 
  pivot_longer(cols = c(creditcard_pre, creditcard_post),
               names_to = "Time", values_to = "Change") %>% 
  mutate(Time = factor(Time, levels = c("creditcard_pre", "creditcard_post")))

## credit_df

ggplot(credit_df, aes(x = State, y = Change, fill = Time)) +
  geom_bar(stat = "identity", position = position_dodge(width = 0.7), width = 0.9) +  
  labs(title = "Change Rate in Credit Card Dept",
       y = "Credit Card Dept Change Rate (%)", x = "")+
  theme(axis.text.x = element_text(angle = 90, vjust = 0.5, hjust = 1),
        legend.position = "bottom")

5.1.3 Visual 2

These violin plots show how credit card debt and delinquency rates changed before and after COVID-19.

Left chart: - The left shape (red) shows credit card debt changes before COVID.

The right shape (blue) shows the changes after COVID. The shape is higher and more spread out after COVID, which means credit card debt increased more in many states.

Right chart: - This chart shows how often people couldn’t pay back their credit card bills on time.

The shapes are very similar before and after COVID, and even slightly lower after.

credit_delinq_df <- df %>% 
  select(State, creditcard_delinq_pre, creditcard_delinq_post) %>% 
  pivot_longer(cols = c(creditcard_delinq_pre, creditcard_delinq_post),
               names_to = "Time", values_to = "Change") %>% 
  mutate(Time = factor(Time, levels = c("creditcard_delinq_pre", "creditcard_delinq_post")))

#credit_delinq_df

gg_debt <- ggplot(credit_df, aes(x = Time, y = Change, fill = Time)) +
  geom_violin(trim = FALSE, alpha = 0.5) +
  labs(title = "Credit Card Debt Change (%)", y = "Change Rate (%)", x = "")+
  theme(legend.position = "bottom")

#gg_debt 

gg_delinq <- ggplot(credit_delinq_df, aes(x = Time, y = Change, fill = Time)) +
  geom_violin(trim = FALSE, alpha = 0.5) +
  labs(title = "Credit Card Delinquency Rate (%)", y = "Delinquency Rate (%)", x = "")+
  theme(legend.position = "bottom")

#gg_delinq

grid.arrange(gg_debt, gg_delinq, ncol = 2)

5.2 Mortgage

5.2.1 Formula

Variable Name	Formula	Description
mortgage_pre	((Q4_2019 - Q4_2017) / Q4_2017) × 100	Mortgage debt growth rate (Pre-COVID)
mortgage_post	((Q4_2022 - Q4_2020) / Q4_2020) × 100	Mortgage debt growth rate (Post-COVID)
mortgage_delinq_pre	Q4_2019	Mortgage delinquency rate (Pre-COVID)
mortgage_delinq_post	Q4_2022	Mortgage delinquency rate (Post-COVID)

5.2.2 Visual

These boxplots show how mortgage debt and delinquency rates changed before and after COVID-19.

Left chart: This means that mortgage debt grew more slowly after COVID.

Right chart:This means fewer people failed to pay their mortgage after COVID.

Even though many people had trouble with income during the pandemic, mortgage debt did not increase and fewer people defaulted on their home loans.

This suggests that government programs or payment support policies helped people manage their mortgage payments during COVID-19.

#Percent Change in Mortgage Debt Balance per Capita (2017 → 2019)
qq1 <- ggplot(df, aes(x = "", y = mortgage_pre)) +
  geom_boxplot(fill = "pink") +
  labs(title = "Mortgage Debt per Capital -Pre", y = "Mortgage Dept Change Rate (%)")

# Percent Change in Mortgage Debt Balance per Capita (2020 → 2022)
qq2 <- ggplot(df, aes(x = "", y = mortgage_post)) +
  geom_boxplot(fill = "skyblue") +
  labs(title = "Mortgage Debt per Capital - Post", y = "Mortgage Dept Change Rate (%)")

qq3 <- ggplot(df, aes(x = "", y = mortgage_delinq_pre)) +
  geom_boxplot(fill = "orange") +
  labs(title = "Mortgage Delinquency - Pre", y = "Delinquency Rate (%)")

qq4 <- ggplot(df, aes(x = "", y = mortgage_delinq_post)) +
  geom_boxplot(fill = "purple") +
  labs(title = "Mortgage Delinquency - Post", y = "Delinquency Rate (%)")

grid.arrange(qq1, qq2, qq3, qq4, ncol = 4)

5.3 Student Loan

5.3.1 Formula

Variable Name	Formula	Description
studentloan_pre	((Q4_2019 - Q4_2017) / Q4_2017) × 100	Student loan debt growth rate (Pre-COVID)
studentloan_post	((Q4_2022 - Q4_2020) / Q4_2020) × 100	Student loan debt growth rate (Post-COVID)
studentloan_delinq_pre	Q4_2019	Student loan delinquency rate (Pre-COVID)
studentloan_delinq_post	Q4_2022	Student loan delinquency rate (Post-COVID)

5.3.2 Visual

This graph shows the percentage of people who were behind on their student loan payments before and after COVID.

The blue bars (pre) are very tall in many statess.
The red bars (post) are much shorter in many states.

This means that student loan delinquency dropped a lot after COVID. This supports the idea that government programs, like loan payment pauses or forgiveness plans, helped people avoid falling behind on their student loans.

df %>%
  select(State, studentloan_delinq_pre, studentloan_delinq_post) %>%
  ggplot() +
  geom_bar(aes(x = reorder(State, -studentloan_delinq_post)
               , y = studentloan_delinq_pre
               ,fill = "Student Loan pre = Q4_2019")
           , stat = "identity"
           , position = position_nudge(x = -0.3)
           , width = 0.4) +
  geom_bar(aes(x = reorder(State, -studentloan_delinq_post)
               , y = studentloan_delinq_post
               , fill = "Student Loan post = Q4_2022")
           , stat = "identity"
           , position = position_nudge(x = 0.3)
           , width = 0.4) +
  labs(title = "Student Loan Delinquency: Pre vs Post COVID", y = "Delinquency Rate (%)", x = "") +
  theme(axis.text.x = element_text(angle = 90, hjust = 1),legend.position = "bottom")

These two charts show how student loan debt and delinquency changed before and after COVID-19.

Left chart: The before COVID is taller and wider, meaning more states had higher increases in student debt.

The after COVID is lower and tighter, showing that student loan debt grew more slowly and in some cases even decreased.

Right chart: The before COVID shows high and variable delinquency rates.

The after COVID is very short and close to 0.

This strongly supports the idea that government loan pauses, forgiveness programs, or policy help students during and after the pandemic.

student_df <- df %>% 
  select(State, studentloan_pre, studentloan_post) %>% 
  pivot_longer(cols = c(studentloan_pre, studentloan_post), names_to = "Time", values_to = "Change") %>%
  mutate(Time= ifelse(Time == "studentloan_pre", "Pre", "Post"))

#student_df

student_df$Time <- factor(student_df$Time, levels = c("Pre", "Post"))

gg_student <- ggplot(student_df, aes(x = Time, y = Change, fill = Time)) +
  geom_violin(trim = FALSE, alpha = 0.4) +
  labs(title = "Student Loan Debt Change (%)", y = "Change Rate (%)", x = "") +
  scale_fill_manual(values = c( "Pre" = "orange","Post" = "purple"))

#gg_student

#names(df)

student_df2 <- df %>% 
  select(State, studentloan_delinq_pre, studentloan_delinq_post) %>% 
  pivot_longer(cols = c(studentloan_delinq_pre, studentloan_delinq_post), names_to = "Time", values_to = "Change") %>%
  mutate(Time= ifelse(Time == "studentloan_delinq_pre", "Pre", "Post"))

#student_df2

student_df2$Time <- factor(student_df2$Time, levels = c("Pre", "Post"))

gg_student2 <- ggplot(student_df2, aes(x = Time, y = Change, fill = Time)) +
  geom_violin(trim = FALSE, alpha = 0.4) +
  labs(title = "Student Loan Debt Deliq Change (%)", y = "Change Rate (%)", x = "") +
  scale_fill_manual(values = c( "Pre" = "yellow", "Post" = "red"))

#gg_student2

grid.arrange(gg_student, gg_student2, ncol = 2)

5.4 Auto

5.4.1 Formula

Variable Name	Formula	Description
auto_pre	((Q4_2019 - Q4_2017) / Q4_2017) × 100	Auto loan debt growth rate (Pre-COVID)
auto_post	((Q4_2022 - Q4_2020) / Q4_2020) × 100	Auto loan debt growth rate (Post-COVID)
auto_delinq_pre	Q4_2019	Auto loan delinquency rate (Pre-COVID)
auto_delinq_post	Q4_2022	Auto loan delinquency rate (Post-COVID)

5.4.2 Visual

This chart shows how car loan amounts and delinquency rates changed before and after COVID-19.

Auto Loan (Two Left) The green box (post) is higher and wider than the red box (pre). This means people borrowed more for cars after the pandemic.

Auto Loan Delinquency (Two Right) The purple and blue boxes are similar, but the purple one (post) is slightly lower. This means that even though borrowing increased, people still paid their car loans on time.

df_auto <- df %>%
  select(auto_pre, auto_post, auto_delinq_pre, auto_delinq_post) %>%
  pivot_longer(cols = everything(), names_to = "Category", values_to = "Value") %>% 
  mutate(Category = factor(Category, levels = c("auto_pre", "auto_post", "auto_delinq_pre", "auto_delinq_post")))


ggplot(df_auto, aes(x = Category, y = Value, fill = Category)) +
  geom_boxplot() +
  theme_minimal() +
  labs(title = "Boxplots of Auto Loan and Delinquency (Pre vs Post)",
       x = NULL,
       y = "Value") +
  theme(axis.text.x = element_text(angle = 20, hjust = 1), legend.position = "bottom")

6 Housing Change Rate Visualizations

6.1 Formula

Variable Name	Formula	Description
zhvi_post_change	((ZHVI_2022 - ZHVI_2020) / ZHVI_2020) × 100	Housing price change rate (Post-COVID)
zhvi_post_avg	(ZHVI_2020 + ZHVI_2021 + ZHVI_2022) / 3	Average housing price during post-COVID years
zhvi_pre_change	((ZHVI_2019 - ZHVI_2017) / ZHVI_2017) × 100	Housing price change rate (Pre-COVID)
zhvi_pre_avg	(ZHVI_2017 + ZHVI_2018 + ZHVI_2019) / 3	Average housing price during pre-COVID years

6.2 Pre (2017–2019)

merged_dfLC <- merged_df %>%
  rename(state = State)

## heat map for PRE covid housing change rate
plot_usmap(data = merged_dfLC, values = "zhvi_pre_change", regions = "state") +
  scale_fill_continuous(
    name = "Zillow Home Value Change (%)",
    low = "lightyellow", high = "red", label = scales::comma
  ) +
  labs(title = "Pre-COVID Housing Price Change (2017–2019)") +
  theme(legend.position = "right")

6.3 Post (2020–2022)

## heat map for POST covid housing change rate
plot_usmap(data = merged_dfLC, values = "zhvi_post_change", regions = "state") +
  scale_fill_continuous(
    name = "Zillow Home Value Change (%)",
    low = "lightblue", high = "darkblue", label = scales::comma
  ) +
  labs(title = "Post-COVID Housing Price Change (2020–2022)") +
  theme(legend.position = "right")

6.4 Comparison

### both pre and post, side by side

housing_long <- merged_dfLC %>%
  select(state, zhvi_pre_change, zhvi_post_change) %>%
  pivot_longer(
    cols = c(zhvi_pre_change, zhvi_post_change),
    names_to = "period",
    values_to = "change"
  ) %>%
  mutate(
    period = dplyr::recode(period,
                    "zhvi_pre_change" = "Pre-COVID (2017–2019)",
                    "zhvi_post_change" = "Post-COVID (2020–2022)")) %>% 
  mutate(period = factor(period, levels = c("Pre-COVID (2017–2019)", "Post-COVID (2020–2022)")))



plot_usmap(data = housing_long, values = "change", regions = "state") +
  facet_wrap(~ period) +
  scale_fill_continuous(
    name = "ZHVI Change (%)",
    low = "lightyellow", high = "red", label = scales::comma
  ) +
  labs(title = "Housing Price Change: Pre vs. Post COVID") +
  theme(legend.position = "right")

7 Statistic

7.1 Paired t-test

7.1.1 ZHVI

housing_summary <- clean_housing %>%
  select(State, zhvi_pre_change, zhvi_post_change)

# Run paired t-test 
t_test_result <- t.test(housing_summary$zhvi_post_change, housing_summary$zhvi_pre_change, 
                        paired = TRUE, alternative = "two.sided")


shapiro.test(housing_summary$zhvi_pre_change - housing_summary$zhvi_post_change )

## 
##  Shapiro-Wilk normality test
## 
## data:  housing_summary$zhvi_pre_change - housing_summary$zhvi_post_change
## W = 0.9867, p-value = 0.8337

t_test_result

## 
##  Paired t-test
## 
## data:  housing_summary$zhvi_post_change and housing_summary$zhvi_pre_change
## t = 18.127, df = 50, p-value < 2.2e-16
## alternative hypothesis: true mean difference is not equal to 0
## 95 percent confidence interval:
##  16.65046 20.80028
## sample estimates:
## mean difference 
##        18.72537

7.1.2 Mortgage

mortgage_summary <- merged_df %>%
  select(State, mortgage_pre, mortgage_post)

# Run paired t-test 
t_test_result2 <- t.test(merged_df$mortgage_post,merged_df$mortgage_pre, 
                        paired = TRUE, alternative = "two.sided")

shapiro.test(merged_df$mortgage_post - merged_df$mortgage_pre)

## 
##  Shapiro-Wilk normality test
## 
## data:  merged_df$mortgage_post - merged_df$mortgage_pre
## W = 0.97102, p-value = 0.2437

t_test_result2

## 
##  Paired t-test
## 
## data:  merged_df$mortgage_post and merged_df$mortgage_pre
## t = 25.871, df = 50, p-value < 2.2e-16
## alternative hypothesis: true mean difference is not equal to 0
## 95 percent confidence interval:
##   8.822871 10.308125
## sample estimates:
## mean difference 
##        9.565498

7.1.3 Income

income_summary <- merged_df %>%
  select(State, income_pre, income_post)

# Run paired t-test 
t_test_result3 <- t.test(merged_df$income_post,merged_df$income_pre, 
                        paired = TRUE, alternative = "two.sided")

shapiro.test(merged_df$income_post - merged_df$income_pre)

## 
##  Shapiro-Wilk normality test
## 
## data:  merged_df$income_post - merged_df$income_pre
## W = 0.96408, p-value = 0.1245

t_test_result3

## 
##  Paired t-test
## 
## data:  merged_df$income_post and merged_df$income_pre
## t = 10.794, df = 50, p-value = 1.156e-14
## alternative hypothesis: true mean difference is not equal to 0
## 95 percent confidence interval:
##  3.336458 4.862107
## sample estimates:
## mean difference 
##        4.099282

7.2 Correlation

7.2.1 ZHVI

# Correlation between housing prices pre and post
cor_zhvi <- cor.test(merged_df$zhvi_pre_avg, merged_df$zhvi_post_avg, method = "pearson")
cor_zhvi

## 
##  Pearson's product-moment correlation
## 
## data:  merged_df$zhvi_pre_avg and merged_df$zhvi_post_avg
## t = 36.948, df = 49, p-value < 2.2e-16
## alternative hypothesis: true correlation is not equal to 0
## 95 percent confidence interval:
##  0.9694276 0.9900366
## sample estimates:
##       cor 
## 0.9825222

ggplot(merged_df, aes(x = zhvi_pre_avg, y = zhvi_post_avg)) +
  geom_point(color = "blue") + 
  geom_smooth(method = "lm", color = "red", se = TRUE) + 
  labs(
    title = "Correlation Between Pre and Post COVID Housing Prices",
    subtitle = "Strong positive correlation between ZHVI pre- and post-pandemic",
    x = "Pre-COVID Average Housing Prices (ZHVI)",
    y = "Post-COVID Average Housing Prices (ZHVI)"
  ) +
  theme_minimal()

7.2.2 Mortgage

cor_mort <- cor.test(merged_df$mortgage_pre, merged_df$mortgage_post, method = "pearson")
cor_mort

## 
##  Pearson's product-moment correlation
## 
## data:  merged_df$mortgage_pre and merged_df$mortgage_post
## t = 5.7317, df = 49, p-value = 6.045e-07
## alternative hypothesis: true correlation is not equal to 0
## 95 percent confidence interval:
##  0.4336644 0.7739861
## sample estimates:
##       cor 
## 0.6335339

ggplot(merged_df, aes(x = mortgage_pre, y = mortgage_post)) +
  geom_point(color = "blue") + 
  geom_smooth(method = "lm", color = "red", se = TRUE) + 
  labs(
    title = "Correlation Between Pre and Post COVID Mortgage",
    x = "Pre-COVID Average Mortgage",
    y = "Post-COVID Average Mortgage"
  ) +
  theme_minimal()

7.2.3 Income

cor_income <- cor.test(merged_df$income_pre, merged_df$income_post, method = "pearson")
cor_income

## 
##  Pearson's product-moment correlation
## 
## data:  merged_df$income_pre and merged_df$income_post
## t = 2.3517, df = 49, p-value = 0.02275
## alternative hypothesis: true correlation is not equal to 0
## 95 percent confidence interval:
##  0.04700942 0.54612103
## sample estimates:
##       cor 
## 0.3184673

ggplot(merged_df, aes(x = income_pre, y = income_post)) +
  geom_point(color = "blue") + 
  geom_smooth(method = "lm", color = "red", se = TRUE) + 
  labs(
    title = "Correlation Between Pre and Post COVID Income",
    x = "Pre-COVID Average Income",
    y = "Post-COVID Average Income"
  ) +
  theme_minimal()

7.3 Multiple Linear Regression

Before COVID, housing prices were mainly influenced by population and mortgage. After COVID, broader economic factors such as GDP, total debt, and credit card borrowing had a stronger impact.

7.3.1 ZHVI model 1 (pre)

Most were not statistically significant

Adjusted R²: 0.36

Not strong individually, but whole model was statistically valid (p = 0.0036)

# Multiple linear regression model
pre_df <- merged_df %>%
  select(contains("pre")) %>%
  select(-zhvi_pre_change, -zhvi_pre_avg)

pre_names <- names(pre_df)

formula_full <- as.formula(paste("zhvi_pre_change ~", paste(pre_names, collapse = " + ")))

model_full1 <- lm(formula_full, data = merged_df)

summary(model_full1)

## 
## Call:
## lm(formula = formula_full, data = merged_df)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -11.4368  -1.3000   0.2075   1.6407   6.1057 
## 
## Coefficients:
##                        Estimate Std. Error t value Pr(>|t|)
## (Intercept)             2.34676    5.65933   0.415    0.681
## gdp_pre                 0.21443    0.35859   0.598    0.554
## income_pre             -0.33060    0.49996  -0.661    0.513
## pce_pre                 0.70535    0.62303   1.132    0.265
## population_pre          0.68661    0.75893   0.905    0.372
## creditcard_pre         -0.22734    0.42108  -0.540    0.593
## auto_pre                0.04388    0.27742   0.158    0.875
## mortgage_pre            0.22029    1.40761   0.156    0.877
## studentloan_pre        -0.05087    0.21592  -0.236    0.815
## total_pre               0.09585    1.92966   0.050    0.961
## creditcard_delinq_pre   0.64032    0.67576   0.948    0.350
## auto_delinq_pre        -0.39783    0.56898  -0.699    0.489
## mortgage_delinq_pre    -2.62600    1.77634  -1.478    0.148
## studentloan_delinq_pre  0.28630    0.43631   0.656    0.516
## unemp_pre               0.13806    1.35077   0.102    0.919
## 
## Residual standard error: 3.514 on 36 degrees of freedom
## Multiple R-squared:  0.5417, Adjusted R-squared:  0.3634 
## F-statistic: 3.039 on 14 and 36 DF,  p-value: 0.003614

7.3.2 ZHVI model 2 (pre)

Used Step function to find best model.

This chunk is showing process of step function

model_step1 <- step(model_full1, direction = "both", trace = TRUE)

Population (ignificant): More people → Higher house price change

Mortgage delinquency (ignificant): More mortgage trouble → Lower prices

Student loan delinquency: Slight positive effect, but not clear

Spending (PCE): May increase prices, but not strongly proven

Before COVID, housing prices were influenced more by people and debt especially mortgage.

summary(model_step1)

## 
## Call:
## lm(formula = zhvi_pre_change ~ pce_pre + population_pre + mortgage_delinq_pre + 
##     studentloan_delinq_pre, data = merged_df)
## 
## Residuals:
##      Min       1Q   Median       3Q      Max 
## -10.4072  -1.8814  -0.2808   1.6847   6.8405 
## 
## Coefficients:
##                        Estimate Std. Error t value Pr(>|t|)  
## (Intercept)              2.3339     3.9452   0.592   0.5570  
## pce_pre                  0.6114     0.4104   1.490   0.1432  
## population_pre           1.2480     0.5552   2.248   0.0294 *
## mortgage_delinq_pre     -2.7651     1.2618  -2.191   0.0335 *
## studentloan_delinq_pre   0.3466     0.1974   1.755   0.0858 .
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 3.243 on 46 degrees of freedom
## Multiple R-squared:  0.5012, Adjusted R-squared:  0.4578 
## F-statistic: 11.55 on 4 and 46 DF,  p-value: 1.415e-06

7.3.3 ZHVI model 1 (Post)

Adjusted R²: 0.78 and model is very strong (p < 0.00001).

There are some statistically valid values.

# Multiple linear regression model
# Multiple linear regression model for POST-COVID variables
post_df <- merged_df %>%
  select(contains("post")) %>%
  select(-zhvi_post_change, -zhvi_post_avg)

post_names <- names(post_df)

formula_full_post <- as.formula(paste("zhvi_post_change ~", paste(post_names, collapse = " + ")))

model_full2 <- lm(formula_full_post, data = merged_df)

summary(model_full2)

## 
## Call:
## lm(formula = formula_full_post, data = merged_df)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -7.4295 -3.0744 -0.6837  2.6750 13.2850 
## 
## Coefficients:
##                         Estimate Std. Error t value Pr(>|t|)   
## (Intercept)             25.51913   12.27869   2.078  0.04487 * 
## gdp_post                 0.98785    0.41337   2.390  0.02222 * 
## income_post             -1.12542    0.38509  -2.922  0.00597 **
## pce_post                 0.88047    0.56539   1.557  0.12815   
## population_post          2.39598    1.07403   2.231  0.03201 * 
## creditcard_post         -1.54762    0.51419  -3.010  0.00475 **
## auto_post               -0.21758    0.35934  -0.605  0.54865   
## mortgage_post           -0.68766    1.42590  -0.482  0.63254   
## studentloan_post         0.01944    0.29950   0.065  0.94861   
## total_post               1.69262    1.99665   0.848  0.40219   
## creditcard_delinq_post   0.54633    0.94697   0.577  0.56758   
## auto_delinq_post        -0.21689    0.70203  -0.309  0.75915   
## mortgage_delinq_post     0.91165    5.39651   0.169  0.86679   
## studentloan_delinq_post -1.61726    2.04614  -0.790  0.43447   
## unemp_post               0.72238    0.86203   0.838  0.40756   
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 4.527 on 36 degrees of freedom
## Multiple R-squared:  0.8428, Adjusted R-squared:  0.7816 
## F-statistic: 13.78 on 14 and 36 DF,  p-value: 1.763e-10

7.3.4 ZHVI model 2 (Post)